Banerjee, Abhijit; Weibull, Jörgen W. - ESRC Centre for Economic Learning and Social Evolution …
This paper examines equilibrium and stability in symmetric two- player cheap-talk games. In particular, we characterize the set of neutrally stable outcomes infinite cheap-talk 2 x 2 coordination games. This set is finite and does not depend on risk-dominance relations. As the number of messages...